2016-11-07T14:31:29-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP ONE SEAGATE SUITE 2650 TOLEDO OH 436041558 990 2015-01-01 341713261 THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION FIND 4194251100 101 W SANDUSKY STREET NO 207 FINDLAY OH 45840 KAREN SMITH CHIEF FINANCIAL OFFICER 4194251100 2016-10-27 1 RODERICK J MACLACHLAN P00332503 4192443711 2015 2017-02-10 21:41:12Z KATHERINE KREUCHAUF 101 W SANDUSKY STREET NO 207 FINDLAY OH 45840 46351830 0 X WWW.COMMUNITY-FOUNDATION.COM X 1988 OH THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION WILL IMPROVE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH COLLABORATIVE LEADERSHIP, RESPONSIBLE GRANTMAKING, AND THE DEVELOPMENT OF PHILANTHROPIC GIVING. 9 9 14 215 0 0 1837904 29024058 4000 2569 3544349 3090135 56850 60946 5443103 32177708 1821753 3771787 0 0 701264 736630 0 0 388977 693162 660280 3216179 5168697 2226924 27009011 77581240 97721515 8389495 7617074 69191745 90104441 THE FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION WILL IMPROVE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH COLLABORATIVE LEADERSHIP, RESPONSIBLE GRANTMAKING, AND THE DEVELOPMENT OF PHILANTHROPIC GIVING. 0 0 3753632 3271051 2569 GRANTMAKING ORGANIZATION:AS A COMMUNITY FOUNDATION FOR THE ENTIRE COUNTY, THE ORGANIZATION FUNDS A WIDE RANGE OF INITIATIVES AND PROJECTS. USING THE ORGANIZATION'S UNRESTRICTED FUNDS, THE ORGANIZATION IS ABLE TO RESPOND TO PROPOSALS SUBMITTED BY NONPROFIT ORGANIZATIONS IN THE COUNTY. THE ORGANIZATION ALSO MAKES INVESTMENTS IN LONG-TERM INITIATIVES THAT IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY. MANY OF THE ORGANIZATION'S GRANTS ARE DETERMINED BY THE CHARITABLE INTERESTS OF THE ORGANIZATION'S DONORS. 50% OF THE GRANT DOLLARS AWARDED BY THE ORGANIZATION IN 2015 WERE FROM DESIGNATED, AGENCY, OR DONOR ADVISED FUNDS, MEANING DONORS OR ORGANIZATIONS DESIGNATE OR RECOMMEND THE NONPROFIT ORGANIZATIONS TO WHICH THE FUNDS ARE DISTRIBUTED. 212276 212276 THE FAMILY CENTER BUILDING:THE ORGANIZATION HAS A SUPPORTING ORGANIZATION THAT OPERATES A MULTI-TENANT NONPROFIT CENTER. THE BUILDING PROVIDES OFFICE AND MEETING SPACES FOR 14 NONPROFIT TENANTS AT BELOW MARKET RATES RESULTING IN LOWER ADMINISTRATIVE COSTS FOR THE TENANTS AND MORE RESOURCES TO PROVIDE SERVICES TO THEIR CLIENTS. THE ORGANIZATION HAS ASSUMED RESPONSIBILITY FOR THE MORTGAGE ON THE REAL ESTATE. IN 2015, THE ORGANIZATION PAID INTEREST OF $53,640 AND PRINCIPAL PAYMENTS OF $215,204 ON THE MORTGAGE. 362367 288460 SCHOLARSHIPS:THE ORGANIZATION ADMINISTERS 120 SCHOLARSHIP FUNDS. THE FOUNDATION'S SCHOLARSHIP COMMITTEE MEMBERS REVIEW APPLICATIONS AND SELECT RECIPIENTS BASED ON EACH SCHOLARSHIP'S CRITERIA. IN 2015, 207 SCHOLARSHIPS TOTALING $288,460 WERE AWARDED TO 177 STUDENTS. 4328275 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 20 0 1 14 1 0 1 CJ 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X X X KATHERINE KREUCHAUF 4194251100 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 MICHAEL S NEEDLER CHAIRPERSON 1.00 X X 0 0 0 SHERRI GARNER BRUMBAUGH SECRETARY 1.00 X X 0 0 0 GARRY L PEIFFER TREASURER 2.00 X X 0 0 0 PATRICIA J BROWN TRUSTEE 1.00 X 0 0 0 GWEN KUENZLI TRUSTEE 2.00 X 0 0 0 J ALEC REINHARDT TRUSTEE 2.00 X 0 0 0 GENE STEVENS TRUSTEE 1.00 X 0 0 0 J MICHAEL WILDER TRUSTEE 0.50 X 0 0 0 GARY WILSON TRUSTEE 1.00 X 0 0 0 PAUL WORSTELL TRUSTEE 1.00 X 0 0 0 KATHERINE KREUCHAUF PRESIDENT 36.00 4.00 X 132303 0 19003 KAREN SMITH CHIEF FINANCIAL OFFICER 39.00 1.00 X 96911 0 15684 229214 0 34687 1 0 0 0 0 29024058 2488105 29024058 CAPACITY BUILDING 561000 2569 2569 2569 2963180 2963180 14301077 14174122 126955 126955 126955 ADMINISTRATIVE FEES 541200 60946 60946 60946 32177708 2569 0 3151081 3771787 3771787 263901 102043 122273 39585 380096 186884 27676 165536 21006 9424 4891 6691 25033 11231 5829 7973 46594 20904 10849 14841 25181 25181 200590 200590 14752 6618 3435 4699 109654 9930 99724 37254 16714 8674 11866 30595 13726 7124 9745 41211 18489 9596 13126 1090 489 254 347 3042 1365 708 969 53640 53640 10741 4819 2501 3421 4292 4292 PROGRAMS & INITIATIVES 95417 95417 0 0 STAFF DEVELOPMENT 18373 8243 4278 5852 MEMBERSHIPS & DUES 14448 6482 3364 4602 5168697 4328275 451445 388977 872178 1200800 506012 1139987 63029 69723 5106 1870 108160 84942 30687 23218 48262931 69025112 27741536 26161044 99761 99761 77581240 97721515 12222 12302 736836 346287 2835207 2620003 4805230 4638482 8389495 7617074 X 67181281 89361955 578622 570609 1431842 171877 69191745 90104441 77581240 97721515 X 27009011 -6100954 4639 X X 0 1 X 1 0 X 1397704 3145824 1689380 1837904 1592973 9663785 1397704 3145824 1689380 1837904 1592973 9663785 1903860 7759925 2746926 2255180 2281889 2097881 2963180 12345056 60199 42174 57489 60850 63515 284227 22293068 0.34810 0.34220 X OTHER INCOME PART II, LINE 10 DESCRIPTION: ADMINISTRATIVE FEES 2011: 56,499 2012: 38,674 2013: 54,989 2014: 56,850 2015: 60,946 DESCRIPTION: PROGRAM SERVICE REVENUE 2011: 3,700 2012: 3,500 2013: 2,500 2014: 4,000 2015: 2,569 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30 373703 589496 5555735 1 1 71903720 28931139 -2973701 4475036 1158087 92228035 66035482 1406715 3509628 1741760 2693655 71903720 58982036 2565574 9805166 2122246 3195048 66035482 51477761 2781746 7256660 1379099 1155032 58982036 55197000 1190260 -2508568 1700376 700555 51477761 0.04430 0.95260 0.00310 0 0 7692 6200 1492 100468 78742 21726 23218 PRIVATE EQUITY FUNDS 8569910 F COMMON TRUST FUNDS 10670620 F EXCHANGE TRADED FUNDS 5497290 F EXCHANGE TRADED NOTES 883051 F LIMITED PARTNERSHIPS 540173 F 26161044 ANNUITY PAYABLE 143037 REMAINDER TRUST PAYABLE 39585 FUNDS HELD FOR AGENCIES 4455860 4638482 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 6837068 0 0 0 0 0 0 6837068 0 6837068 0 0 0 1 0 0 PART I, LINE 2: THE ORGANIZATION DOES NOT AWARD GRANTS OUTSIDE THE UNITED STATES. 1 ARTS PARTNERSHIP 618 S MAIN STREET FINDLAY OH 45840 341278627 501(C)(3) 16827 N/A N/A SUPPORT BLANCHARD VALLEY CENTER 1700 E SANDUSKY STREET FINDLAY OH 45840 346400608 501(C)(3) 22647 N/A N/A RESIDENCE BLANCHARD VALLEY HEALTH FOUNDATION 1900 S MAIN STREET FINDLAY OH 45840 341370522 501(C)(3) 36247 N/A N/A SUPPORT CANCER PATIENT SERVICES 1800 N BLANCHARD STREET FINDLAY OH 45840 344491513 501(C)(3) 17899 N/A N/A SUPPORT CHRISTIAN CLEARING HOUSE 1800 N BLANCHARD STREET FINDLAY OH 45840 371756789 501(C)(3) 7611 N/A N/A SUPPORT FINDLAY CHAMBER FOUNDATION 123 E MAIN CROSS STREET FINDLAY OH 45840 341170594 501(C)(3) 66000 N/A N/A MAIN STREET FINDLAY CITY SCHOOLS 1100 BROAD AVENUE FINDLAY OH 45840 346400447 170(C)(1) 255521 N/A N/A CURRICULUM FINDLAY DIGITAL ACADEMY 1219 W MAIN CROSS STREET FINDLAY OH 45840 200753962 170(C)(1) 6500 N/A N/A MENTORING FINDLAY YOUTH FOR CHRIST 10111 RT 224 W FINDLAY OH 45840 341033475 501(C)(3) 5800 N/A N/A SUPPORT FINDLAY-HANCOCK LIBRARY 206 BROADWAY FINDLAY OH 45840 346400446 170(C)(1) 19631 N/A N/A COMMUNITY READING FIRST LUTHERAN CHURCH 109 E LINCOLN STREET FINDLAY OH 45840 344430714 501(C)(3) 9615 N/A N/A SUPPORT FIRST PRESBYTERIAN CHURCH 2330 S MAIN STREET FINDLAY OH 45840 344427937 501(C)(3) 15331 N/A N/A SUPPORT HANCOCK COUNTY EDUCATIONAL SERVICE CENTER 7746 CR 140 FINDLAY OH 45840 341364351 170(C)(1) 47016 N/A N/A SUPPORT HANCOCK COUNTY PERFORMING 200 WEST MAIN CROSS STREET FINDLAY OH 45840 460912382 501(C)(3) 1338800 N/A N/A FISCAL SPONSOR HANCOCK HISTORICAL MUSEUM 422 W SANDUSKY STREET FINDLAY OH 45840 237065550 501(C)(3) 11081 N/A N/A SUPPORT HOPE HOUSE 1800 N BLANCHARD STREET FINDLAY OH 45840 341655764 501(C)(3) 5467 N/A N/A SUPPORT LAKESIDE CHAUTAUQUA 236 WALNUT STREET LAKESIDE OH 43440 204072755 501(C)(3) 25000 N/A N/A SUPPORT MACKLIN INSTITUTE 15100 BIRCHAVEN LANE FINDLAY OH 43420 300109669 501(C)(3) 27035 N/A N/A SUPPORT UNITED WAY 245 STANFORD PARKWAY FINDLAY OH 45840 346408694 501(C)(3) 95154 N/A N/A SUPPORT UNIVERSITY OF FINDLAY 1000 N MAIN STREET FINDLAY OH 45840 344431169 501(C)(3) 27379 N/A N/A SUPPORT YMCA 300 E LINCOLN STREET FINDLAY OH 45840 344428263 501(C)(3) 16417 N/A N/A SUPPORT BLANCHARD VALLEY HEALTH SYSTEM 1900 S MAIN STREET FINDLAY OH 45840 341369963 501(C)(3) 28450 N/A N/A SUPPORT BOWLING GREEN STATE UNIVERSITY FOUNDATION INC ALUMNI DRIVE BOWLING GREEN OH 43403 346007199 501(C)(3) 824130 N/A N/A SUPPORT BOY SCOUTS OF AMERICA 2100 BROAD AVE FINDLAY OH 45840 346536818 501(C)(3) 9344 N/A N/A SUPPORT CHOPIN HALL 1800 N BLANCHARD STREET FINDLAY OH 45840 341440664 501(C)(3) 15500 N/A N/A SUPPORT CAREY HISTORICAL SOCIETY 202 W FINDLAY ST PO BOX 202 CAREY OH 43316 263345060 501(C)(3) 15000 N/A N/A SUPPORT CENTURY HEALTH 1918 N MAIN STREET FINDLAY OH 45840 341207678 501(C)(3) 19787 N/A N/A SUPPORT CHILDREN'S MUSEUM OF FINDLAY 1800 TIFFIN AVE SUITE 201 FINDLAY OH 45840 462370956 501(C)(3) 35000 N/A N/A SUPPORT CITY MISSION OF FINDLAY 510 W MAIN CROSS ST FINDLAY OH 45840 510137853 501(C)(3) 114387 N/A N/A SUPPORT CITY OF FINDLAY HEALTH DEPARTMENT 1644 TIFFIN AVE FINDLAY OH 45840 346400448 501(C)(3) 17000 N/A N/A SUPPORT FLAG CITY HONOR FLIGHT 201 W HOBART AVE FINDLAY OH 45840 274565786 501(C)(3) 5500 N/A N/A SUPPORT HANCOCK HISTORICAL MUSEUM FOUNDATION 422 W SANDUSKY STREET FINDLAY OH 45840 341498944 501(C)(3) 10000 N/A N/A SUPPORT LIBERTY BENTON LOCAL SCHOOLS 9190 CR 9 FINDLAY OH 45840 346406285 170(C)(1) 10000 N/A N/A SUPPORT MIRACLE LEAGUE OF FINDLAY 15360 SHORELINE DRIVE THORNVILLE OH 43076 473432261 501(C)(3) 125000 N/A N/A SUPPORT NATIONAL ALLIANCE OF MENTAL ILLNESS OF HANCOCK COUNTY 1800 N BLANCHARD STREET FINDLAY OH 45840 271489970 501(C)(3) 15000 N/A N/A SUPPORT UNIVERSITY OF TOLEDO 2801 W BANCROFT ST TOLEDO OH 43606 346555110 501(C)(3) 100000 N/A N/A SUPPORT VAN BUREN COMMUNITY SPORTS ASSOCIATION 12829 STATE ROUTE 613 VAN BUREN OH 45889 341828716 501(C)(3) 25000 N/A N/A SUPPORT VILLAGE OF MOUNT BLANCHARD 103 E CLAY STREET MT BLANCHARD OH 45867 346400935 170(C)(1) 9000 N/A N/A SUPPORT HHWP CAC 122 JEFFERSON STREET FINDLAY OH 45840 340979444 501(C)(3) 15000 N/A N/A SUPPORT 50 NORTH 333 E MELROSE AVE FINDLAY OH 45840 237083593 501(C)(3) 170016 N/A N/A SUPPORT HANCOCK REGIONAL PLANNING COMMISSION 318 DORNEY PLAZA ROOM 115 FINDLAY OH 45840 346400608 501(C)(3) 15000 N/A N/A SUPPORT PART I, LINE 2: ANNUALLY, THE ORGANIZATION'S BOARD APPROVES A POOL OF MONEY FOR PRESIDENTIAL DISCRETIONARY GRANTS ($20,000), EDUCATION GRANTS ($60,000), AND "HANCOCK READS" GRANTS ($10,000). THE MAXIMUM GRANT AMOUNT FOR THE PRESIDENTIAL DISCRETIONARY POOL IS $2,500. THE MAXIMUM GRANT AMOUNT FOR AN EDUCATION POOL GRANT IS $6,000. THERE IS NO INDIVIDUAL MAXIMUM GRANT AMOUNT FOR THE "HANCOCK READS" POOL. THE YOUTH IN PHILANTHROPY (YIP) GRANTS ARE DETERMINED BY A STUDENT COMMITTEE. THE DOLLARS GRANTED BY THE COMMITTEE ARE ONE HALF OF THE AVAILABLE TO SPEND FROM A YOUTH MEMORIAL FUND AND DOLLARS RAISED BY THE YOUTH IN PHILANTHROPY STUDENT GROUP. HISTORICALLY THE TOTAL YIP GRANTS AVERAGE $1,500 ANNUALLY. THE TRUSTEES HAVE DELEGATED APPROVAL OF THE GRANTS FROM THESE POOLS OF MONEY TO THE PRESIDENT AND THE RESPECTIVE COMMITTEES. THE TRUSTEES REVIEW ALL GRANTS MADE FROM THESE FUNDS BUT DO NOT FORMALLY APPROVE THE GRANTS. ALL OTHER GRANTS ARE APPROVED BY THE ORGANIZATION'S BOARD. GRANTEES ARE REQUIRED TO SUBMIT A COPY OF THEIR IRS DETERMINATION LETTER WITH THEIR APPLICATION. GRANTEES ARE REQUIRED TO SUBMIT REPORTS AT 6 MONTH INTERVALS AFTER RECEIVING GRANT FUNDS. A FINAL REPORT IS REQUIRED ONCE THE PROJECT HAS BEEN COMPLETED. A PROCESS IS IN PLACE TO ENSURE THE PROGRAM OFFICERS ARE RECEIVING THE INTERIM AND FINAL REPORTS ON A TIMELY BASIS. PROGRAM OFFICERS REVIEW THE REPORTS FOR DISCREPANCIES. ANY MATERIAL DISCREPANCIES ARE REPORTED TO THE BOARD. X 9 2488105 STOCK MARKET 0 1 1 PART I, LINE 32B: THE ORGANIZATION'S BANK SELLS CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD WAS PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILING THE FORM 990. THE BOARD WAS GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND PROVIDE COMMENTS ABOUT THE FORM 990 TO THE CHIEF FINANCIAL OFFICER AND/OR THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY OFFICERS, TRUSTEES, COMMITTEE MEMBERS, AND EMPLOYEES ARE PROVIDED A COPY OF THE FOUNDATION'S "CONFLICT OF INTEREST, CONFIDENTIALITY, AND ETHICAL PRINCIPLES POLICY". EACH PERSON THAT RECEIVES THE POLICY IS ASKED TO SIGN A STATEMENT OF AFFIRMATION REGARDING THE POLICY AND COMPLETE A QUESTIONNAIRE DISCLOSING ANY CONFLICT OF INTEREST. ALL QUESTIONNAIRES ARE REVIEWED BY THE BOARD CHAIR, PRESIDENT, AND THE FINANCE OFFICER FOR ANY POSSIBLE CONFLICTS. IN THE EVENT OF A CONFLICT, THE BOARD MEMBER WOULD ABSTAIN FROM VOTING. THIS WOULD BE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE BOARD OF TRUSTEES ACTIVELY MONITORS AND EVALUATES THE PRESIDENT. THE BOARD CHAIR AND VICE CHAIR COMPRISE THE PERSONNEL COMMITTEE. THE PERSONNEL COMMITTEE REVIEWS SALARY AND BENEFIT REPORTS AND SURVEYS FROM THE COUNCIL ON FOUNDATIONS AND FORMS 990 OF SIMILAR NONPROFITS. THE PERSONNEL COMMITTEE MEETINGS WERE NOT CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES. EVERY THREE YEARS THE ORGANIZATION HIRES A CONSULTANT TO CONDUCT A SALARY REVIEW. THE CONSULTANT LAST REVIEWED THE SALARIES IN NOVEMBER 2013 FOR IMPLEMENTATION IN JANUARY 2014. BASE SALARY CONSIDERS THE CONTRIBUTION OF EACH POSITION TO THE FOUNDATION'S OVERALL GOALS. IT ALSO REFLECTS THE COMPETITIVE COMPENSATION PHILOSOPHY IN THE CONTEXT OF THE FOUNDATION'S ROLE AS A COMMUNITY AND PHILANTHROPIC LEADER. THE FOUNDATION TARGETS SALARY RANGE MIDPOINTS TO THE MARKET AVERAGE FOR EACH SPECIFIC MARKET IN WHICH IT COMPETES. RELATIVE INTERNAL VALUES FOR POSITIONS ARE DETERMINED THROUGH THE USE OF THE FOLLOWING METHODOLOGY: *SCOPE & IMPACT - THE BREADTH OF THE JOB AND IMPACT OF THE ACTIONS OF THE INCUMBENT WITHIN AND OUTSIDE THE FOUNDATION. *LATITUDE OF ACTION - THE EXTENT TO WHICH THE POSITION GIVES THE INCUMBENT FREEDOM TO MAKE DECISIONS AND AUTHORITY TO TAKE ACTIONS WITHOUT PRIOR APPROVAL OF THE SUPERVISOR. *WORKING RELATIONSHIPS - THE EXTENT TO WHICH EFFECTIVE CONTACTS WITH PEOPLE INSIDE AND OUTSIDE THE FOUNDATION ARE ESSENTIAL TO PERFORMANCE IN THE POSITION. *DECISION MAKING - THE COMPLEXITY OF DECISIONS REQUIRED, THE NUMBER OF FACTORS THE DECISION MAKER MUST TAKE INTO ACCOUNT, THE LEVEL OF INDIVIDUALS INVOLVED, THE TIME PRESSURES, THE CONSEQUENCES OR IMPACT OF THE DECISION, AND THE FREQUENCY WITH WHICH DECISIONS HAVE TO BE MADE. *KNOWLEDGE AND SKILL - THE EXTENT TO WHICH PROFESSIONAL QUALIFICATIONS, EXPERIENCE, AND SKILLS ARE REQUIRED TO CARRY THE RESPONSIBILITIES OF THE POSITION. *MARKET ANALYSIS - THE ACTUAL PAY FOR JOBS OF SIMILAR SCOPE AND CONTENT IN THE SELECTED MARKET. COMPENSATION IS DEEMED "REASONABLE" IF THE AMOUNT PAID WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES UNDER THE CIRCUMSTANCES. LINE 15B: THE SAME SOURCES OF INFORMATION NOTED ABOVE ARE UTILIZED TO DETERMINE REASONABLE COMPENSATION AND BENEFITS FOR OTHER EMPLOYEES. THE BOARD APPROVES COMPENSATION AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO ANYONE WHO REQUESTS THEM. THE ORGANIZATION'S ANNUAL REPORT WHICH IS MAILED TO FUND REPRESENTATIVES AND A LARGE NUMBER OF DONORS INCLUDES A CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND STATEMENT OF ACTIVITIES. THE BOARD APPROVES THE OPERATING BUDGET FOR THE FOLLOWING YEAR IN NOVEMBER. QUARTERLY, BOTH THE FINANCE & INVESTMENT COMMITTEE AND THE BOARD REVIEW INTERNALLY PREPARED FINANCIAL STATEMENTS AND YEAR-TO-DATE ACTUAL COMPARED TO YEAR-TO-DATE BUDGETED OPERATING AMOUNTS. QUARTERLY THE FINANCE & INVESTMENT COMMITTEE MEETS WITH THE ORGANIZATION'S INVESTMENT ADVISOR TO REVIEW INVESTMENT RESULTS. THE ORGANIZATION HAS A POLICY REGARDING THE PUBLIC AVAILABILITY OF ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: LINE 9 - OTHER CHANGES IN NET ASSETS INCLUDE THE FOLLOWING AMOUNTS NOT REPORTED ON FORM 990 PARTS VIII & IX: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -67,965. RETURNED GRANTS 69,563. MISCELLANEOUS 3,041. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS IN CHARGE OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS. THE FOUNDATION'S CURRENT AUDITORS HAVE BEEN PERFORMING THE FOUNDATION'S AUDIT SINCE 2009. THE HANCOCK PROPERTIES FOUNDATION 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 270121577 REAL ESTATE RENTAL OH 501(C)(3) LINE 11A, I FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION 1 FRANK A & ANNETTE GUGLIELMI FOUNDATION 101 W SANDUSKY STREET SUITE 207 FINDLAY OH 45840 341962887 GRANTMAKING OH 501(C)(3) LINE 11A, I FINDLAY-HANCOCK COUNTY COMMUNITY FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 THE HANCOCK PROPERTIES FOUNDATION Q 68364 CASH